Archive 2023

The banking system in Cyprus is resilient and will continue to support the real economy, the Central Bank assured President Nicos Christodoulides on Monday. Christodoulides and Central Bank chief Constantinos ...

In today’s episode, the Central Bank governor will meet with the CEOs of Cyprus’ two major banks today in light of the Credit Suisse rescue. Elsewhere, President Nikos Christodoulides ...

Crafty workshops are on! Artists around the island are sharing the processes behind their craft by hosting creative workshops that invite participants to get familiar with art processes. In the ...

Better organisation, staffing and expansion of A&E departments will be discussed in the coming weeks with the state health services organisation (Okypy), Health Minister Popi Kanari announced late ...

Police on Tuesday arrested a 44-year-old man for possession of stolen property and illegal drugs. According to Paphos head of CID, Michalis Nicolaou, traffic police stopped the vehicle driven by ...

Police in Paphos on Monday arrested a 25-year-old man for three incidents of theft from a supermarket. According to the police, employees alerted them to the latest attempted theft of ...

On Tuesday the weather will be mainly clear with some temporarily increased clouds expected in the afternoon. Winds will be mainly south-westerly to north-westerly light to moderate, up to 4 Beaufort. ...

Police on Tuesday are investigating a new case of fraud by scammers pretending to be doctors. The case involves a 76-year-old woman in Nicosia, who lost €8,500 to the scammers. The ...

Dozens of people were arrested across France after sporadic protests broke out hours after President Emmanuel Macron’s government narrowly survived a no-confidence motion in parliament on Monday over a ...

Cypriots are split on whether it is easy to start a new business here, as well as whether there are robust opportunities for doing so, according to the Global Entrepreneurship ...

Police in Limassol on Monday arrested a 28-year-old man for money extortion through threats. In a complaint received last Friday, the owner of a Limassol property told police that on ...

Ukraine‘s defence ministry said on that an explosion in Dzhankoi in the north of the Crimean peninsula destroyed Russian cruise missiles intended for use by Russia’s Black Sea ...

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading ...

The Cyprus Maritime and Maritime Institute (CMMI) has released a statement saying that it has launched the Adaptation project, which seeks to promote the green transition in the shipping industry. ...

Goldman Sachs is expecting a pause this week from the US Federal Reserve after a year-long rate increase campaign as Wall Street banks scale back their hawkish expectations in the ...

Larnaca municipality has launched the tender process for construction works aiming at a revamp of Pattichion park and the area surrounding it. According to as announcement on Monday, this upgrade ...

A COUPLE of weeks ago, auditor-general Odysseas Michaelides appeared before the House oversight committee to discuss the audit office’s special report on the University of Cyprus (UCy) for the ...

At an early January meeting of the Virginia Bankers Association, executives were already nervous that Federal Reserve interest rate increases were making it hard to compete for deposits. “Everywhere I ...

Venezuela’s oil minister Tareck El Aissami said on Monday he will resign and at least six officials were arrested following investigations by police into corruption, including at state-owned oil ...

An Israeli minister with responsibility for administrating the occupied West Bank drew condemnation on Monday after he said there was no Palestinian history or culture and no such thing as ...

A U.S. judge said on Monday JPMorgan Chase & Co JPM.N and Deutsche Bank AG DBKGn.DE must face lawsuits accusing them of enabling Jeffrey Epstein’s sex ...

Protesters set piles of rubbish on fire in central Paris on Monday after President Emmanuel Macron’s government narrowly survived a no-confidence motion in parliament on Monday over a deeply ...

Donors at a European Union-led conference on Monday pledged 7 billion euros ($7.5 bln) to help to rebuild Turkey after last month’s devastating earthquakes, while Ankara estimated the costs at more ...

The finance ministry on Monday sought to shoot down proposals brought by legislators to extend the repayment period for tax arrears, warning that doing so would set a bad precedent. ...